Stevens Family Foundation Inc

Foundation · Grantmaker Boone, NC EIN: 56-1824646 Website

Stevens Family Foundation Inc. is a private foundation based in Lenoir, North Carolina (with records also indicating Boone, NC). The foundation is dedicated to supporting community service organizations and the arts in the local area, with a particular focus on Caldwell County.

Key facts about Stevens Family Foundation Inc

EIN: 56-1824646
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $232,000
Grants made (2024): 29
Average grant: $8,000
Median grant: $5,000
New grantees (estimate): 21% first-time grantees (6 of 29, 2024)
Total assets: $3,880,219
Primary geography: North Carolina (99% of itemized 2024 grant dollars)
How to apply: Applications are considered and grants awarded from May 1 to October 31. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Stevens Family Foundation Inc funds

By grant dollars, the top recipient states for Stevens Family Foundation Inc's 29 itemized 2024 grants were North Carolina (99%). The most frequent recipient cities were Lenoir, NC (19 grants) and Boone, NC (4 grants). 100% of grants with a stated purpose were for general or operating support.

Is Stevens Family Foundation Inc open to new grantees?

21%

first-time grantees, 2024

In 2024, 6 of 29 grantees (21%) were first-time recipients. First grants averaged $10K; repeat grants $7K. How we count

Medians: $10K first-time, $3K repeat.

79% of 2024 grantees were also funded in 2023. Method
Giving held roughly steady from 2021 to 2024 (+5%). Method
In 2024 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Stevens Family Foundation Inc

How to evaluate Stevens Family Foundation Inc as a funder
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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.9M

+3.9% YoY

Annual Giving

$232K

+15.7% YoY

Grant Count

-17.1% YoY

Avg Grant Size

$8K

+39.7% YoY

Under IRS private-foundation payout rules, Stevens Family Foundation Inc reported a distributable amount of $275K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to give back to the community by providing grants to community service organizations and the arts in the area. Primary funding focus areas include:

Community Services
The Arts
Education
Human Services
Philanthropy, Voluntarism & Grantmaking

Grantmaking

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Caldwell County, North Carolina, with some giving activity also noted in Georgia.

Grant Distribution by State

North Carolina $230K (99%)

Georgia $3K (1%)

Share of all 29 itemized 2024 grant dollars.

States

District of Columbia Georgia Indiana Kansas Louisiana Maryland North Carolina New York South Carolina

Cities

LenoirWinstonsalemBooneHickoryAtlantaDeep GapCulverLenexaPattersonSpartanburgGranite FallsAshevilleBalsamBaltimoreBrooklynCharlotteGastoniaHudsonNew OrleansRaleigh

Financial History

Multi-year comparison from IRS filings

Total Assets: $3,880,219
Total Annual Giving: $232,000

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,880,219	$3,735,860	$3,800,695
Revenue	$412,934	$171,738	$121,668
Expenses	$268,575	$236,573	$324,521
Qualifying Distributions	$259,421	$225,710	$310,955
Net Investment Income	$400,447	$160,505	$112,020
Distributable Amount	$274,801	$257,391	$266,547

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

170 grants across all recorded years

Open Grants

1 open opportunity from Stevens Family Foundation Inc

Foundation

Stevens Family Foundation Grant

Stevens Family Foundation Inc

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Helping Hands Clinic Inc ($25,000), Caldwell Arts Council ($20,000), Caldwell County Yokefellow ($20,000).

Recipient	Purpose	Amount
HELPING HANDS CLINIC INC Lenoir, NC	GENERAL SUPPORT	$25,000
CALDWELL ARTS COUNCIL Lenoir, NC	GENERAL SUPPORT	$20,000
CALDWELL COUNTY YOKEFELLOW Lenoir, NC	GENERAL SUPPORT	$20,000
SAMARITAN'S PURSE Boone, NC	GENERAL SUPPORT	$20,000
CALDWELL COMMUNITY COLLEGE FOUNDATION Lenoir, NC	GENERAL SUPPORT	$15,000
HARPER SCHOOL OF MUSIC Lenoir, NC	GENERAL SUPPORT	$15,000
HOSPITALITY HOUSE Boone, NC	GENERAL SUPPORT	$15,000
QUIET GIVERS Boone, NC	GENERAL SUPPORT	$15,000
BETHEL COLONY OF MERCY Lenoir, NC	GENERAL SUPPORT	$10,000
CALDWELL HOSPICE & PALLATIVE CAREAMOREM Lenoir, NC	GENERAL SUPPORT	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
J William Stevens	President	1	—
Richard D Stevens	Sec/Treas	1	—
Anne Hsu	Board Member	—	—
James W Stevens	Board Member	—	—
John F Stevens	Board Member	—	—
Martha S Sutton	Vice-Pres	1	—
Rebecca S Elliott	Board Member	—	—

Recent News & Activity

Recent developments and announcements

The foundation maintains an active grant program with 1 live grant opportunity listed as of the most recent reporting period.

Frequently Asked Questions

What does Stevens Family Foundation Inc fund?

The foundation's mission is to give back to the community by providing grants to community service organizations and the arts in the area. Primary funding focus areas include: • Community Services • The Arts • Education • Human Services • Philanthropy, Voluntarism & Grantmaking

How do I apply for a grant from Stevens Family Foundation Inc?

Applications are considered and grants awarded from May 1 to October 31. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Stevens Family Foundation Inc make grants?

The foundation primarily funds organizations in Caldwell County, North Carolina, with some giving activity also noted in Georgia.

What size grants does Stevens Family Foundation Inc award?

In 2024, Stevens Family Foundation Inc awarded 29 grants totaling $232K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Stevens Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Stevens Family Foundation Inc reported a distributable amount of $275K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.